Elon Musk-led group makes 97.4bn bid for OpenAI

A consortium led by Elon Musk said it has offered 97.4bn to buy the nonprofit that controls OpenAI, months after the billionaire sued the artificial intelligence startup to block it from transitioning to a for-profit firm. Musk's bid, revealed on Monday, could ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the startup at the heart of a boom in generative AI technology. Altman promptly posted on X: "No thank you but we will buy twitter for 9.74 billion if you want." The two are already embroiled in an ongoing lawsuit. Musk criticised a 500bn OpenAI-led project called Stargate announced with great fanfare at the White House just after United States President Donald Trump returned to office, suggesting the investors involved lacked the funding for the project.